MYE ex-dividend on 12/18 (2.4%, special)
Rubber and plastic manufacturer Myers Industries will pay a special dividend of $0.340 on Jan 2nd to holders as of Tuesday, December 18. That’s 2.4% of the share price of $14.250. Includes a 6 cents regular dividend. This is part of an agreement that extends the closing date of its $1.1 billion acquisition by Goldman Sachs. I d skip playing the run up here, though, as there is some concern the acquisition may not come through, as reflected by the downward trend of the share ( Stock trades 26% below its 50 days moving average and 31% below its 200 days moving average).